The Automotive Wireless Power Transmission Market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.50% during the forecast period (2024-2030).

Automotive Wireless Power Transmission Market

Market Summary

The automotive wireless power transmission market represents a transformative segment within the automotive and transportation industry, focusing on the development and integration of contactless charging technologies for electric vehicles (EVs) and in-cabin electronic devices. This market is driven by the global push towards electrification and the increasing consumer demand for convenience and enhanced user experiences. The technology primarily utilizes inductive and resonant charging methods to transfer energy from a transmitting pad on the ground to a receiving unit embedded in the vehicle, eliminating the need for physical connectors and cables. Key industry participants include established automotive OEMs, technology specialists, and electronics manufacturers who are collaborating to standardize systems and improve efficiency. The evolution of this market is closely tied to advancements in EV infrastructure and the broader adoption of autonomous and connected vehicle technologies, positioning wireless power transmission as a critical enabler for the future of mobility.

Key Highlights

The automotive wireless power transmission market is characterized by several pivotal developments. A significant highlight is the progression towards higher power transmission levels, enabling efficient wireless charging for electric vehicles which addresses range anxiety and enhances convenience for consumers. Major automotive manufacturers such as BMW, Mercedes-Benz, and Tesla are actively integrating or developing wireless charging capabilities for their electric vehicle portfolios. Furthermore, strategic partnerships between automakers and technology firms like WiTricity and Qualcomm are accelerating the commercialization and standardization of these systems. The technology is also expanding beyond EV charging to include in-cabin wireless charging for consumer electronics, creating a seamless power ecosystem within the vehicle. The focus on interoperability and the establishment of international standards, such as those by the Society of Automotive Engineers (SAE), are critical for widespread market adoption and ensuring safety and efficiency across different vehicle models and charging infrastructure.

Drivers, Opportunities & Restraints

The growth of the automotive wireless power transmission market is propelled by several key drivers. The foremost driver is the rapid global expansion of the electric vehicle market, which creates a direct need for more convenient and user-friendly charging solutions. Consumer preference for hassle-free technology and the increasing integration of smart features in vehicles further stimulate demand. Additionally, government initiatives and policies supporting EV adoption and green energy infrastructure development provide a significant impetus. The market presents substantial opportunities, particularly in the development of dynamic wireless charging systems embedded in roadways, which could enable continuous charging for vehicles in motion and revolutionize long-distance EV travel. There is also significant potential in the aftermarket segment and for commercial fleets seeking efficient operational solutions. However, the market faces notable restraints, including the high initial cost of implementation for both infrastructure and vehicles, which can hinder mass-market adoption. Technical challenges related to charging efficiency, alignment issues, and power loss over distance also present hurdles. Furthermore, the lack of a universally standardized system and concerns regarding electromagnetic interference and safety require ongoing research and regulatory resolution.

Concentration Insights

The competitive landscape of the automotive wireless power transmission market features a concentration of key players across the value chain, including technology developers, automotive OEMs, and component suppliers. Technology specialists such as WiTricity, Momentum Dynamics, and Plugless Power (a brand of Evatran Group) are focused on refining and licensing their proprietary wireless charging technologies. These firms often engage in partnerships and licensing agreements with major automotive OEMs like BMW, Daimler, and General Motors to integrate systems into production vehicles. The market also sees involvement from major electronics and semiconductor companies, including Qualcomm and Texas Instruments, which provide essential components and chipset solutions. This ecosystem is supported by a network of infrastructure providers working on deploying public and private charging stations. The concentration of expertise and capital among these established entities creates a high barrier to entry for new players, fostering an environment of innovation through collaboration and strategic alliances rather than purely through competition.

Type Insights

Automotive wireless power transmission systems are primarily categorized based on their underlying technology and power capacity. The dominant technology types are inductive coupling and resonant inductive coupling. Inductive coupling systems operate by creating an electromagnetic field between two coils?a transmitter pad on the ground and a receiver pad on the vehicle?to transfer energy over a very short air gap. This method is currently the most commercially deployed for stationary EV charging. Resonant inductive coupling is an advancement that allows for greater spatial freedom and slightly larger air gaps between the coils by tuning them to the same resonant frequency, improving alignment tolerance and efficiency. Beyond these, research is ongoing into capacitive wireless power transfer and radio frequency-based methods for lower-power applications. Systems are also segmented by their power level, catering to different needs: low-power systems for in-cabin device charging (e.g., smartphones) and high-power systems designed for electric vehicle battery charging, which require robust power management and thermal control systems.

Application Insights

The application of wireless power transmission in the automotive sector is bifurcated into electric vehicle charging and in-cabin wireless charging. The electric vehicle charging segment is the primary application, encompassing systems designed to recharge the vehicle's high-voltage battery pack. This includes both static charging, where the vehicle is parked over a charging pad, and the emerging concept of dynamic charging, where power is transferred to vehicles while they are in motion on specially equipped roadways. The in-cabin wireless charging application focuses on providing convenient power for consumer electronic devices within the vehicle, such as smartphones, tablets, and wearable technology. These systems are typically integrated into center consoles, armrests, or dashboard areas and operate at much lower power levels. This application enhances passenger comfort and aligns with the trend towards connected cars and seamless digital experiences, making it a valuable feature for automotive OEMs to differentiate their models in a competitive market.

Regional Insights

The adoption and development of automotive wireless power transmission technology exhibit distinct regional patterns influenced by local EV policies, infrastructure investment, and consumer acceptance. North America and Europe are leading regions in terms of technological development and early commercial deployment, driven by supportive government regulations, high consumer purchasing power, and the presence of major automotive OEMs and technology firms. Asia-Pacific is anticipated to be the fastest-growing market, fueled by the massive expansion of the electric vehicle industry in China, Japan, and South Korea. China's aggressive policies promoting new energy vehicles and its strong manufacturing base for electronics and automobiles position it as a critical hub for both production and adoption. Other regions, such as Latin America and the Middle East and Africa, are in earlier stages of market exploration, with growth expected to follow the global trend of EV adoption and infrastructure modernization over the longer term.

Company Insights

The competitive arena of the automotive wireless power transmission market includes a mix of dedicated technology firms, automotive OEMs, and electronics giants. WiTricity Corporation is a prominent technology leader, known for its patented magnetic resonance technology and numerous licensing agreements with automakers and suppliers. Momentum Dynamics specializes in high-power wireless charging systems, particularly for commercial vehicle and fleet applications. Among automotive OEMs, BMW has been a pioneer, offering a factory-fit wireless charging option for its plug-in hybrid models. Companies like Qualcomm Incorporated and Texas Instruments contribute significantly by developing the semiconductor chipsets and control systems that form the core of these wireless power units. Other important players include Powermat Technologies, which focuses on consumer electronics integration, and Evatran Group (operating as Plugless Power), which offers aftermarket wireless EV charging systems. These companies are engaged in intense research and development to enhance efficiency, reduce costs, and achieve broader industry standardization.

Recent Developments

The automotive wireless power transmission market is dynamic, with continuous advancements and strategic movements. A key recent trend is the increased validation and testing of high-power wireless charging systems for commercial electric vehicles, including buses and last-mile delivery vans, to demonstrate operational efficiency and ROI for fleet operators. Several technology providers have announced new partnerships with Tier-1 automotive suppliers to co-develop next-generation systems that are more compact, efficient, and cost-effective. There has also been progress in the realm of standardization, with industry consortia working towards harmonizing technical specifications to ensure interoperability between different manufacturers' systems. Furthermore, research institutions and companies are publicizing breakthroughs in dynamic charging technology, with pilot projects for electrified roads gaining traction in select regions. These developments indicate a market moving beyond prototyping into a phase of commercialization and scaling, albeit with a continued focus on overcoming technical and economic challenges.

Report Segmentation

This comprehensive market report on automotive wireless power transmission provides a detailed analysis segmented to offer granular insights for strategic decision-making. The segmentation is structured around key market dimensions to cater to the specific information needs of various stakeholders. The report is segmented by technology, distinguishing between inductive and resonant wireless power transmission systems and their respective capabilities. It is further segmented by application, providing dedicated analysis for electric vehicle charging and in-cabin charging for electronic devices. The component segment breaks down the market into transmitters, receivers, and other essential hardware and software components. Additionally, the vehicle type segment offers insights into adoption trends across passenger cars and commercial vehicles. The report also includes a detailed regional segmentation, covering North America, Europe, Asia-Pacific, and the Rest of the World, each analyzed for their unique market dynamics, growth patterns, and key influencing factors. This multi-faceted segmentation ensures a holistic and detailed understanding of the market landscape.

FAQs

How does wireless charging work for electric vehicles?

Wireless charging for electric vehicles operates on the principle of electromagnetic induction. A charging pad, or base pad, installed on the ground is connected to a power source. When the vehicle is parked over this pad, an onboard receiver pad aligns with it. The base pad generates an alternating electromagnetic field, which induces an electrical current in the receiver pad without any physical connection. This current is then converted to direct current and managed by the vehicle's onboard charger to replenish the battery.

What are the benefits of wireless EV charging?

Wireless EV charging offers significant benefits including enhanced user convenience by eliminating the need to handle cables and connectors, which is particularly advantageous in adverse weather conditions. It reduces wear and tear on physical charging ports and can promote higher utilization rates through automated charging sequences. For autonomous vehicles, it is considered an essential enabling technology, allowing for fully self-sufficient charging operations without human intervention.

Is wireless charging for cars efficient?

The efficiency of wireless charging systems for cars has improved significantly and is approaching the levels of conductive (plug-in) charging. Modern systems can achieve efficiency rates that are competitive, with minimal energy loss during the transfer process. Continuous research and development are focused on closing the remaining efficiency gap further, optimizing alignment tolerance, and reducing standby power consumption to make it a truly viable alternative to wired charging.

Which cars have wireless charging?

Several premium automotive manufacturers have begun integrating wireless charging capabilities into their electric and plug-in hybrid vehicles. BMW was among the first with a factory option for its 5 Series and 7 Series plug-in hybrids. Other automakers like Mercedes-Benz, Audi, and Tesla have demonstrated the technology and are expected to incorporate it into future production models. The feature is increasingly becoming available as an option or standard fitment in newer EV models.

What is the future of wireless charging in automobiles?

The future of wireless charging in automobiles is poised for substantial growth and innovation. The focus is shifting towards dynamic wireless charging, where vehicles can charge while driving on equipped roadways, potentially eliminating range limitations for electric vehicles. Standardization will be crucial for widespread adoption. Integration with autonomous vehicle technology is also a key future direction, enabling fleets of self-driving cars to charge themselves without human input, maximizing uptime and operational efficiency.

Are there any safety concerns with wireless car charging?

Safety is a paramount concern in the design of wireless car charging systems. Manufacturers address this through international standards that strictly limit human exposure to electromagnetic fields (EMF), ensuring levels are well within established safety guidelines. Systems incorporate foreign object detection (FOD) to deactivate charging if metal objects are placed between the pads and living object detection (LOD) to prevent activation if an animal or person is detected in the charging zone. These features ensure safe operation under various conditions.

Citius Research has developed a research report titled “Automotive Wireless Power Transmission Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Automotive Wireless Power Transmission Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Automotive Wireless Power Transmission Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Automotive Wireless Power Transmission Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Automotive Wireless Power Transmission Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Automotive Wireless Power Transmission Market
• Research Methodology
• Executive Summary
• Market Dynamics of Automotive Wireless Power Transmission Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Automotive Wireless Power Transmission Market
• Cost and Gross Margin Analysis of Automotive Wireless Power Transmission Market
• Automotive Wireless Power Transmission Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Automotive Wireless Power Transmission Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Automotive Wireless Power Transmission Market Key Stakeholders

Below are the key stakeholders for the Automotive Wireless Power Transmission Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Automotive Wireless Power Transmission Market Report Scope

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Automotive Wireless Power Transmission Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Automotive Wireless Power Transmission Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Automotive Wireless Power Transmission Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Frequently Asked Questions